SWS accepts new €60m IAWS offer
The deal is worth a total of €48 million to the four West Cork Co-ops and Dairygold. Senior management will walk away with €16m over time.
After 12 months €42.5m will be paid over to Dairygold, Bandon, Drinagh, Barryroe and Lisavaird and to the management who held a reduced 25% stake in the business.